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News in Frederick, Maryland

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Dec 24, 1991

Page

9

Government forecasts 1992 winners and losers

Government forecast highlights mixed prospects for 1992 with gains in medical equipment manufacturing and health services while aerospace and commercial real estate face downturns. Overall manufacturing sales are seen rising about 2 percent after 1991 declines, with exports limited by weak European and Japanese demand. The report notes a two year slump for newspapers, a rebound for machine tools, and a 32 dollar price for the on sale book.

Washington Manafeemachine Tools Aump Boeers Robert A. Mosbacher Hewest Commerce J. Michael Farren Europe Japan

Regulators seek fix for bond market integrity after Salomon scandal

Federal regulators propose settlements to banks and securities firms tied to inflating customer orders in government bond trading after the Salomon Brothers scandal. Fannie Mae also announced changes to restore integrity in its bond sales. Separate Treasuries auction prices declined with three and six month bills at multidecade lows.

Washington Salomon Brothers Inc Federal National Mortgage Association Fannie Mae Salomon Wall Street Treasury Treasury Department

Commodities Futures Rally as Soybeans Jump and Grains Mixed

The Associated Press reports sharp gains in soybean futures on the Chicago Board of Trade while oats decline and corn trends mixed. Wheat March rises to 3.398 per bushel, corn March up to 2.54 per bushel, soybeans vary, pork bellies in USDA figures show 48.3 million pounds as of November, live cattle futures mixed, hog futures higher, and pork products fluctuating as markets digest supply figures.

Chicago Board of Trade Byron USDA

Dow Jones Soars 88 Points in Pre Christmas Rally

The Dow Jones industrial average rose 88.10 points to 3022.58 as Wall Street celebrates lower interest rates. Advancers outnumbered decliners 1411 to 421 amid 230.17 million shares traded on the New York Stock Exchange.

New York Wall Street Dow New York Stock Exchange

Cross state branching for thrifts proposed nationwide access

Washington regulators propose removing barriers to nationwide branching for thrift institutions to boost lending risk spreading. The plan follows Congress rejection of cross state branching for banks. public comment requested for 30 days.

Washington Eeenleet Artered Thrift Institu Congress Bush Administration Timothy Hyan Office of Thrift Supervision Kenneth A. Guenther Vicw Independent Bankers Association of Amelia U.S. Congress Ryan Bush S&la Mark Riedy LM Ene Gw Bn S&ls

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